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RPX Corporation Announces Licensing Transaction with Excalibur IP

By John Freund |

SAN FRANCISCOFeb. 26, 2020 /PRNewswire/ — RPX Corporation today announced that it has secured license rights to Excalibur IP’s patent portfolio for a syndicate made up of a subset of the RPX membership, while also reserving rights for additional and future members. Excalibur IP is a subsidiary of Altaba Inc., the company formerly known as Yahoo, Inc. prior to the sale of Yahoo!’s operating businesses to Verizon in 2017. The global portfolio consists of more than 2,000 patents owned by Excalibur IP.

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How Lawyer-Directed Funding Enhances Access to Justice

By John Freund |

“Lawyer-Directed” litigation finance, whereby a funder forms a partnership with contingency counsel, provides an opportunity to work around some of the issues that exist in client-directed funding – most notably issues that arise when creditors or lienholders are awaiting recoupment from the client, pending successful litigation. Many funders are averse to partnering with a client that is encumbered by senior lienholders, hence many such claims go unfunded, despite the merits of the underlying case. Lawyer-directed funding provides an attractive solution. 

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Longford Capital General Counsel to Serve as Adjunct Professor of Law Teaching Course on Litigation Finance

By John Freund |

CHICAGO, February 24, 2020 – Baylor Law has tapped William P. Farrell, Jr., co-founder, managing director, and general counsel of Longford Capital, to serve as an adjunct professor at the law school and to lead a course on litigation funding. The litigation funding course is a part of Baylor Law’s innovative LL.M. program in litigation management, the first program of its kind.

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Litigation Funding Is Ready for a Wider Reach in the Russian Market

By John Freund |

St. Petersburg, Russia — (ReleaseWire) — 02/19/2020 — Although the Russian litigation finance market is at an early stage of development, a surge in the interest for legal funding solutions could be observed over the last year. While third party financing for legal proceedings has previously been provided by private investors or by law firms as an auxiliary business, specialized litigation finance companies have only recently appeared on the market.

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Multiple States Pursue Regulations Against Litigation Funders

By John Freund |

Last week, Utah became the latest state to introduce a litigation funding bill, as state senator James A. Dunnigan filed House Bill 312, which would force litigation funders to register with the Department of Commerce, and also aims to regulate how they operate. Many lawmakers are blaming litigation funding for the rising cost of insurance, which is an argument that is being made by Big Insurance and the Chamber of Commerce against the industry. 

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